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April 11, 2025 - The Charlie Kirk Show
32:33
A Big Beautiful Bill + A Bright Future Ahead
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Hey everybody, it's the Charlie Kirk Show.
We are here live from the Bitcoin.com studio.
Senator Schmidt joins us for an instant analysis on what is happening with the budget resolution, spending cuts, and more.
I explain how President Trump could be messing up the tariff issue if he was doing something opposite, which of course he is not.
And then Alex Marlow closes us out with an amazing analysis about President Trump's cabinet meeting.
Email us as always, freedom at charliekirk.com.
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Buckle up, everybody.
Here we go.
Charlie, what you've done is incredible here.
Maybe Charlie Kirk is on the college campus.
I want you to know we are lucky to have Charlie Kirk.
Charlie Kirk's running the White House, folks.
Thank you.
I want to thank Charlie.
He's an incredible guy.
His spirit, his love of this country.
He's done an amazing job building one of the most powerful youth organizations ever created, Turning Point USA.
We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country.
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Go to noblegoldinvestments.com Right off the bat here, we have a great man for some instant analysis.
Senator Schmidt from the great state of Missouri joins us.
Senator Schmidt, great to see you.
Yesterday, there was some breaking news.
The House passed the budget resolution.
What is that?
And within the budget resolution, were there details of no tax on tips, no tax on overtime, or was that just the precursor to be able to now get into those negotiations?
Senator, please explain.
Yeah, great to be with you, Charlie.
Yeah, exactly.
The latter.
So basically, the budget resolution.
So that's the framework by which now we move into the reconciliation process, right?
So it unlocks the process for the committees to go do the work, right?
Like ways and means of the Senate Finance Committee to start to put meat on the bones of these ideas that have been talked about.
Principally, you know, making the tax cuts from 2017 permanent, extending those.
And then you've got all the other things, the no tax on tips.
You've got money for border security and deportations.
Because we're going to need help to make sure this mass deportation movement is actually funded for defense.
And then also, you know, for permitting reform, hopefully on energy.
And then lastly, and I think almost most importantly, some spending reforms.
We've got to get this thing under control.
I tell people that, here's what's interesting, in 2019, not 1919, in 2019, we were spending about $4 trillion.
We spend $7 trillion after the last four years of the Biden budget and the COVID orgy spending, right?
We take in $5 trillion.
So if we can actually have some reform, bend that curve, have revenues with all the good things that are happening with President Trump catch up, it's realistic to think we can have a balanced budget in a few years.
But we've got to do that hard work, and we can do that in the reconciliation process, too, which only takes a simple majority in the Senate.
And I think for the audience, that's the most important thing.
If the House can hang together, And Senate Republicans can hang together on this.
We don't need a single Democrat vote.
I wouldn't expect to get one because they're not rational at this point.
So we got to make sure we take care of our own business here.
So, Senator, one question I have.
I agree.
The amount of money we are borrowing is extraordinary.
I mean, it is as if it's when COVID happened, we decided to just put back all of our monetary or fiscal, I should say, impulses of fiscal discipline.
We've decided to basically embrace the cheap money guzzle.
However, Senator, there are rumors that we might increase the Department of Defense budget to a trillion dollars.
Where do you anticipate these spending cuts coming from?
I'm all for a big and mighty military.
However, first and foremost, I think the greatest threat to our national security is our national debt, not even any existential foe.
So build out Where you think some of these cuts will come?
More broadly, I know that you have to keep your cards close to your chest, but if we're talking about an increase in the defense budget, where else can these cuts come from?
Sir, and you're right.
I think that it's coming into focus now.
We spend more.
We spend a trillion dollars a year on the interest on that $36 trillion debt.
That's only going to grow as some of these things become more mature and they need to be refinanced with higher interest rates over the last few years.
Because of Biden inflation, right?
So that problem is only going to get more significant unless we can find real savings.
I think there's two ways to look at this.
One is there's a lot of discretionary spending that we're finding the savings.
This is the work that Doge is doing, right?
And so we've just take USAID as an example.
All of that money, Guam on sex changes, DEI and Burma, LGBTQIA, you know, programming in Sesame Street in Iraq.
That all stuff, that adds up, right?
And that's the kind of thing, like, take Marco Rubio, what he said was.
He said, 83% of the stuff we're doing, we're not going to do that anymore.
The 17% that remains, we're going to go move in further American interests overseas, right?
That's the kind of reform you have internally that Doge finds that gets embedded in savings moving forward.
What are some other things you can do?
I think what's broadly popular is work requirements.
If you're an able-bodied adult, you should be required to work.
That explosion under Obamacare is really affecting people who need it most, Medicaid.
So when President Trump talks about making sure we're not touching Social Security, not making sure we're touching benefits on Medicare and Medicaid, I think we're all with him in lockstep.
But we've got to make sure that the able-bodied population that's not working, they're draining the system.
They're crowding hospitals.
They're crowding out doctor visits for pregnant mothers, individuals with disabilities, what that program was really meant for.
So there's a lot of work to do, as I said, to put meat on the bones there.
But I think we can get there.
And here's the way to look at it.
If we just went back to pre-pandemic spending, Charlie, 2019 spending levels, plus inflation and population growth, that's like a trillion dollar difference than what we're spending right now.
So I think we can make some real progress here.
So I now want to get into the tariff aftermath.
I mean, you come from a state that has a lot of ag and a lot of...
Once mighty industry and also a fair amount of exporting and international business.
How are your major industries in Missouri thinking about these tariffs?
And what is your message to some of the audience that might be a little worried that tariffs might mean higher prices and that we might have a little bit of economic uncertainty coming down the next couple of months?
Yeah, I spent a lot of this week, I think, defending President Trump's leadership in Washington.
And permanent Washington's totally disconnected from what's really happening.
Sort of the global elites have had their run here.
After World War II, we had all these favorable deals for countries who were trying to get back on their feet.
Germany, Japan, all these countries.
And with the goal of defeating Soviet communism.
Okay, we won.
After the Cold War ended, though, we didn't adjust at all.
So you can't buy or you don't see an American car in Europe.
You don't see an American car in Japan.
You don't see an American car in Korea.
Yet all of their cars are in our markets because they have erected these barriers over time through tariffs, trade barriers, in China specifically, stealing our IP.
It's been very unfair to us.
And I do come from a state, and I grew up in a blue-collar neighborhood where all those good-paying jobs, those factory jobs, they went overseas.
Sentinel, you know, we got Sentinel in exchange.
And so my message is, America isn't an economic zone.
America isn't some strip mall with an airport attached to it.
It's a people.
It's a place.
It's our home.
And we finally have a president that's willing to stand up and say, you know what, we've been treated very unfairly.
We're going to treat you like you treat us.
And now look what's happening.
70 countries plus.
Have come to the table and said, we heard what you had to say.
We understand the United States of America is 39% of all the consumption in the world.
It's 25% of the world's GDP.
It's a very important market for us.
So we're going to lower our trade barriers so that we can actually have fair trade.
So President Trump has made tremendous progress on this.
And by the way, it opens up markets for our farmers and our other industries around the world.
I think the way to look at this, Charlie, is you've got two different buckets.
You've got communist China and you've got everybody else.
China is the worst offender.
They made a terrible decision in trying to escalate this.
They rip off our IP.
They steal our jobs.
They create trade barriers.
They say, oh, yeah, no, you can't sell your chickens here because you didn't wash them properly.
Or you can't sell your electronics here because there's this bolt that's out of place.
So it's not just the tariffs.
It's all the other hidden trade barriers that prevent our goods getting to market.
They export five times more than we export to them.
And they have a hell of a lot more to lose in this if they continue down this path.
So we'll see if they have a come to Jesus moment or not.
I think the rest of the world is.
And I think at the end of the day, it's going to lead to greater prosperity for us because we're going to have more markets open.
We'll have more revenue coming into this country and we'll bring back industry, those good paying jobs that we had for a very long time that didn't need to go somewhere else.
Senator Schmidt, we are out of time.
Thank you for your leadership, and we will be talking to you soon.
Please keep the pressure on your Senate colleagues for massive and real spending cuts, and we need money for border security.
So you got to reconcile those two things, no pun intended, during this reconciliation package.
Thank you so much, Senator.
Really appreciate it.
Will do, brother.
Take care.
See you.
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Understand that, yes, the market has been going through a fair amount of turbulence, but there are other very positive indicators as well.
Inflation report yesterday was terrific.
We are seeing interest rates plummeting.
We're also seeing oil prices plummeting.
Deregulation is happening.
We need to get rid of so much of the nonsensical Biden era deregulation.
You know, sometimes people say, Charlie, what do you disagree with President Trump on?
I don't even know if this is a disagreement.
President Trump will famously said, well, for every one new regulation, we have to get rid of two regulations.
I think you shouldn't add any new regulations and get rid of five, six, seven.
Thousand lines of regulation.
Who says you have to add new ones?
Just slash these ridiculous, nonsensical rules that are on the regulatory book that make it harder for businesses to be able to operate, to hire, and deploy capital.
Maria Bartiromo says this perfectly, that we are seeing a decrease in oil prices, which you are going to feel at the pump in the next two weeks.
We are seeing interest rates go down, which by the end of the year, we might see a significant cut in rates, which will help first-time homebuyers.
Play cut 130.
That's what we've been pointing out this morning.
And the president has been pointing it out.
Rates are plummeting.
Oil prices are plummeting.
Deregulation is happening.
You know, we've got all of these things happening.
President Trump is not going to bend.
He told me, you know, a number of times that he's trying to build the economy and make it independent as opposed to relying on China for things like prescription drugs.
Now, I have to further explain the contrast what President Trump is doing with tariffs versus what someone like Bernie Sanders would do with tariffs.
And it's an incredibly important distinction.
Let's say it was Bernie Sanders who once supported tariffs and In a tepid way, it says, yeah, you know, we'll do tariffs.
The difference is that if President Bernie Sanders, God save us from such a thing, would do tariffs, he would create a domestic control socialist economy.
What President Trump is doing is incredibly unique, is that he is doing tariffs while liberating the American market economy.
It's exactly the right ingredient.
So tariffs are trade barriers.
However, you can avoid a tariff by making products here.
One of the reasons why we've been falling behind on manufacturing is because it's so hard to build new factories.
And one of the greatest regulations of all is DEI.
I believe DEI is the silent regulation that is an albatross around the neck of corporate America.
DEI makes us less competitive.
It makes us less entrepreneurial.
It makes us take less risks.
It prioritizes equity and racial parity or racial preferences over excellence.
And you must choose.
DEI is like the silent regulation that was written into every single corporate handbook by soft corporate and soft cultural decree post-Floidapalooza.
It was more about outcomes over opportunity and not even about outcomes.
It was honestly about a very perverted tribal racial preference doctrine that was force fed into corporate America.
So what President Trump is attempting to do is liberate the American economy through massive tax cuts, deregulation, energy boom, while having trade barriers.
And that mixture Should work.
Again, we don't know, but you must remember people voted for this.
I would have grave concerns about tariffs.
If President Trump was talking about massive tax increases, more regulation, more government programs, more government redistribution and tariffs.
Because then why would anyone want to do business here?
What President Trump is doing is he's making it more appealing to invest while also having a penalty to not invest.
So he's doing both those things.
He's making the penalty to not invest be higher because we are the world's consumer.
We are the premier consumer economy on the planet.
Every country desires to be a consumer economy.
Every country wants to be a consumer economy.
We have achieved that.
We also now want to go back to be an industrial economy.
And here's the little secret.
It's so much easier To rebuild an industrial sector than suddenly become a consumer economy.
Because in order to become a consumer economy, you must be insanely rich.
Very few countries are insanely rich.
And China can't be a consumer economy.
Internationally, they can domestically because they don't want other countries' stuff to be sold in their country.
Well, more for us.
Being a consumer economy is not necessarily bad.
What is bad is also not being a production economy.
If you are both, You are a superpower the likes of which the world has never seen.
And we can get that back.
So President Trump doing tariffs plus domestic supply-side market boom economics?
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That is charlieforhillsdale.com C-H-A-R-L-I-E forhillsdale.com Joining us now is Alex Marlowe who does a great job from the Salem Radio Network and also From Breitbart News.
Alex, great to see you.
I love your analysis.
I want to have Alex on more often.
He's super sharp and a great friend.
Alex, one of the things that we did not cover, because I've been too busy going on these campuses across the country, is the cabinet meeting.
I do want to play some piece of tape here from the cabinet meeting, and then get your take of this group of all-stars and rock stars.
I'm just going to pick one of the cabinet meeting, let's just say, highlights.
Let's pick this one.
Bobby Kennedy saying by hopefully September, we will know what is causing the autism epidemic.
Huge claim.
Hope it's right.
Play cut 249.
We are going at your direction.
We are going to know by September.
We've launched a massive testing and research effort that's going to involve hundreds of scientists from around the world.
By September we will know what has caused the autism epidemic and we'll be able to eliminate those exposures.
Think of that.
So it was one in 10,000 children had autism and now it's one in 31. Not 31,000, 31. That is a horrible statistic, isn't it?
That is just one of many promises made.
Alex, you're the editor-in-chief of Breitbart.com.
What is your take on this all-star cabinet meeting?
The floor is yours.
Yeah, thank you, Charlie, and I always appreciate the kind words, and I really do appreciate all the things you're doing on campus.
It is so essential, and I hope a lot of people follow in your footsteps, because clearly these young minds are very gettable, and anything we can do to decouple the federal government from our colleges is big, and I think you're a big part of that.
I'm glad you started with RFK, because he'd won the most interesting presentations.
I'm a massive fan of his, and it's not necessarily because of the exact reasons that you might see on your favorite ex-account.
I don't necessarily think I think of him as the most hardcore.
I think of him as someone as the most evidence-based.
And one of the reasons why I've always been drawn to him is because I actually feel like what he wants to do is just assess some of these things that we've just assumed to be true and to be okay.
And maybe some of them will turn out to be fine, and we can stay the course.
But other times, he's going to identify things that we've...
He's going to answer questions that either we haven't asked or we've assumed that the answer is a certain thing.
And he went through a big list of things yesterday that I thought were really important.
Let's just start with baby formula, where he's trying to get chemicals out of baby formula.
The fact that we have a chemical-laden baby formula that babies consume and that's just assumed to be a good thing and acceptable, he's going to reassess that.
Obviously, we talked about the autism rates, and that's going to be a really complicated answer, but he's trying to give it to us almost right away.
He also talked about something, Charlie, that I think is one of the top issues of our time, which is cell phones in schools.
So younger people are completely addicted to these phones.
They're not learning basic social behaviors.
They're getting more depressed.
They're less athletic.
They're less social.
They are gonna become...
just total automatons to the Silicon Valley AI algorithms.
That's not the America we want.
It's not the America you and I got to grow up in, Charlie, and we don't want this for young people.
And he's making this a top tier issue.
His list was so long.
It was one of the longest lists around, talking about the EPA getting fluoride out of the water.
There's so many things that he's trying to do.
School lunches.
Remember how horrible Michelle Obama's school lunch program is?
We actually have a guy who understands nutrition now in charge of it, not some sort of a ceremonial person.
And another one of my favorites.
The government money should not be used for junk food.
We talk about Maha.
The most fundamental thing with Maha, Charlie, is we all eat too much.
We all eat bad stuff with too many ingredients in it, and we don't exercise enough.
He's going to get us on that path, and I just dig it so much.
So every so often I'll get, let's just say, a little bit of a pompous brat on campus that says, you know, Charlie, it's been 75 days and Trump isn't fulfilling his promises, which is just a ridiculous, ludicrous thing to say.
Yeah. Yes, absolutely.
Absolutely. But I mean, but we have a secure border.
We have we've seen massive tariffs.
Obviously, we've we're seeing the deportation effort.
I want to see even more of what we've already seen.
What is your take?
I think that criticism is so ludicrous and ridiculous, and it is a minority without a doubt.
I don't think that's there.
But I do want to make sure that we keep the encouragement on.
I don't want to say the pressure on.
We should keep the encouragement on on the administration to stay the course and to keep on reminding themselves why they are there and what they promised the American people to do.
Look, Charlie, you and I are creatures of the internet.
We're both very online people.
But this is something that I hear from the extremely online crowd, that there's not enough that's getting done.
And I am with you.
I think we need to go harder.
Of course, I always want to go harder.
But when I'm seeing some of these numbers that are coming in with the amount of cuts that we're getting from Doge, with the amount of arrests that we're getting from ICE, I think they're pretty good numbers.
But I don't like when sometimes there's a...
There's a delta between what we're hearing from different groups.
I talked to Senator Ernst about Dogecut.
She said we were at a quarter trillion.
Musk said yesterday we're at 150 billion.
I always wonder a little bit when there's a little bit of a data gap because then maybe I don't know what's going on.
But overall, I'm with you.
I think some of the deregulation is getting underreported.
I think the cuts to the campuses is getting underreported.
I think the efforts we're making in Panama is so huge to counter China.
I think Greenland is so important to counter China.
I think these tariffs, this hill we're dying on now, hopefully with these tariffs, is so monumental.
This is a earth-shaking event, and Trump is the only person on earth with the guts to do it.
I think we're off to rip-roar and start, so I'm pretty dang satisfied personally, and hopefully that means something to your audience.
So Alex, I want to now get to this, which is the geopolitical implications of the Panama Canal.
Let's play cut 179.
I want to be very clear.
China did not build this canal.
China does not operate this canal.
And China will not weaponize this canal.
Together with Panama in the lead, we will keep the canal secure and available for all nations through the deterrent power of the strongest, most effective, and most lethal fighting force in the world.
We will do this in partnership with Panama.
Together, we will take back the Panama Canal from China's influence.
And we will do this along with other capable, like-minded allies everywhere.
And a lesser reported element yesterday, Alex, was that Panama has now allowed the U.S. to deploy troops to the canal.
The document signed by top security officials from both countries allows U.S. military personnel to deploy to Panama-controlled facilities for training, exercise, and a range of other activities.
Pete Hegseth and Marco Rubio have done a phenomenal job where Panama is inviting the United States because deep down, I think Panama does not want the Chinese Communist Party controlling this thoroughfare and this choke point.
Your thoughts, Alex?
Yeah, exactly right.
The Panamanian government has been cooperative, and it's really the Chinese government that's infuriated, and they're probably putting a lot of pressure on them that we might not be able to see.
But the government itself, they filed criminal charges against the Hong Kong company that controls a lot of those key ports, which obviously is going to infuriate China.
But China is making it that Hegsath and America, that we're going rogue there.
But it's not true, because the Panamanian government would like to see this handed off to America or a partnership.
between Panama and America and not have China control this choke point, as you say.
That's exactly right, and I feel like that China's incursions via Belt and Road, via BRICS, into our hemisphere is not acceptable, and the fact that we built them a thoroughfare to do that is completely insane, and this is exactly the stuff that the Donald Trumps of the world and the Pete Hegses of the world,
outsiders coming in, see very clearly, and this is one where we're absolutely butting up against China, and that's a good thing.
And we must understand, America built the Panama Canal.
America built the Panama Canal.
And we lost many lives.
It was Jimmy Carter, right, Blake, that gave it back to Panama?
And yes, we lost 5,600 workers.
You might say, how did we lose so many people?
Primarily due to mosquito-borne diseases, actually.
That was the number one reason why we lost so many people.
It was mosquito-borne diseases that the American workers got while building The Panama Canal.
We liberated Panama itself to build it.
Panama was a part of Colombia.
And so we actually liberated Panama from Colombia, lost over 5,600 people.
And just to be perfectly clear, I believe that is more than died on 9-11.
And 5,600 is just about as much as I believe died in Iraq.
Again, I'm just approximating from some memory.
Some people say as much as 30,000 workers died by the time they came back home because of diseases.
And think about that.
And we just handed it to our greatest enemy, the Chinese Communist Party.
Again, I'm probably lowballing some of these numbers, but that's a conservative estimate.
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Alex, I know something you're very passionate about and something that you've been covering a lot at Breitbart is decoupling the federal government from higher education.
Explain what you would like to see happen in that regard with our audience.
Yeah, so I'm really thrilled to see the Department of Education winding down, Charlie.
But I think that one thing, I was thinking about this a lot when you were talking about Hillsdale earlier, about how if something is worthwhile, then people are going to step up and they're going to fund it when it comes to education, when it comes to our future.
And I don't understand why the federal government is invested in any of these.
So many of them are self-sustained by their endowments, which are essentially just hedge funds, and they can operate enough so that they don't even need to collect.
Tuition at this point, much less federal funds, and yet they're still able to get it.
But I think there's a toxic university culture that permeates out into our society.
Think about this, Charlie.
We all know that our inner cities are not doing well.
But one of the things that is an unsung part of this, an unheralded part of this, is the fact that these universities come in.
They set up shop in our big cities.
They bring in all these left-wing people who vote terribly.
They get all these federal funds to sustain this huge economic system that drives the university campus, etc.
They get all these parents who save money and then they take out loans and they send all these kids to schools.
And then what happens?
The kids get these terrible values and then they vote horribly.
They vote for the George Gascon's of the world.
They vote for the Soros-funded DA's.
And it's actually ruining not just people's minds, but it's ruining our cities.
And so this is why I feel like it's sort of an existential issue for us to take away their opportunity to get the federal funds as fast as possible.
It's also ruining our cities.
The cities is the incubators for where left-wing thought is gestating and then permeating out into the rest of the culture.
The suburbs are doing fine.
Rural America is doing amazing.
We need to get people out of the cities.
And one of the ways to do this is to get the universities out of the cities.
That's well said.
One of the other things that we need to do, and I want the Trump administration to push for, is radically cut down the number of jobs you need a college degree to fill.
Encourage companies to replace them with standardized tests, practical exams, or thorough in-person interviews, or internships to jobs.
A lot of that went away because of DEI issues.
Practical exams are racist or whatever.
Basically, the government said it was Too racist to require a test to work somewhere, but not to require a degree.
I believe DEI is the hidden regulation that has been strangling American business.
And I think that DEI could be responsible for 1-2% of GDP growth over a couple years if we keep it.
I know that might sound extreme.
I know people might laugh at that.
But DEI is definitionally an anti-growth initiative.
Alex, final thoughts here about a minute remaining.
Yeah, it can't be talked about enough.
DEI is an absolute cancer in our society, and it's far away.
And Charlie, I know how you hire it.
I know you've always rejected it, and so that's a compliment to you.
But that is so right on, and we need to absolutely not have that.
But I'll tell you, I blew Dennis Prager's mind, because Dennis Prager, our friend, he asked me, when I'm hiring at Breitbart, if I see a Harvard on the resume, does it help?
And I had to think about it, and I said, I don't really think so anymore.
And someone who is an academic guy, you know, 50 years ago, the thought that in half a century, Harvard would not add to your resume.
It just shows you stop wasting your money on these places.
get those internships going for your kids.
Alex, excellent, sharp commentary as always.
30 seconds.
Tell people about your show, Breitbart.com, what you're doing with Salem.
Oh, thank you, Charlie.
We're colleagues now at Salem.
I'm on the Salem Podcast Network, so you can get it on iTunes, Spotify, YouTube, Rumble, wherever you're doing it.
We're off to a fast start because I've got such great friends like you, and it is having a blast.
Breitbart.com is absolutely thriving right now.
We are the paper of record for the Trump administration.
We call the balls and strikes, and I think you'll always find something entertaining and informative on our pages every single day.
I love Breitbart.com.
Phenomenal! I got my start at Breitbart.com and that I will never forget.
Alex, thanks so much.
Thank you, Charlie.
Thanks so much for listening, everybody.
Email us as always, freedom at charliekirk.com.
Thanks so much for listening and God bless.
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